Question

If a sum of money placed at compound interest doubles
itselfin 4 years, In how many years will it amount to 4 times?
(a) 6
(b) 8
(c) 10
(d) 12​

Answer 1

Answer:

12 years

Step-by-step explanation:

Hence in 4+4+4 = 12 years amount will become 8 times. Hence in 4+4+4 = 12 years amount will become 8 times.

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